Late September, Xerox took a bridge loan to buy back shares from Carl Icahn. Xerox has secured a new loan for $550 million to replace the short-term bridge loan with a supposedly more manageable long-term one. So far, so good. but here is the... — read more
X new branding campaign
"We make the divvy, just don't ask how we did it" "all for one and one for the divvy" "wall street 3 - the divvy" "Meg 3 - the x divvy" "Donnie Boscoedivvy" "Goodfellasdivvy" "make up sht in the budget for divvy" "Stevie pees sitting... — read more
Rumor Big IRIF 12/22
Whatever it takes to book the cuts and cut a check for the divvy.
New Record - 3.8 Billion in Debt
Current debt is 2x+ current market cap of the company! That would be like getting a 10k credit card and putting a 20k balance on it. Stop this madness find life elsewhere you were warned. I'm sure they will cut what / who they need to in order to... — read more
Xerox in trouble with Bridge Loan?
Jeffries / Citi still cannot offload this debt as of this post! Xerox loaded up on debt- the bridge loan .. and despite 2 weeks plus of trying to find another buyer of the leveraged debt deal.. now what? Clearly Xerox cannot afford the ballon... — read more
Rumor - Fuji Rejected Xerox Offer to Merge - Again
True? Sounds about right JV did the same think never mentioned HP and was lying as public record shows he engaged hp a month after he got to x. Sounds like this is the 1st thing x I'd when Carl ejected. Par for the course I guess...
Deep Thoughts - If Xerox made Coffee Makers
Price point wouldn't be disclosed there would be a floor and ceiling. If sales does it's job there wi--y be divvy not sales comp... 7 year leases would be mandatory. No Wegmans pods - All coffee must be bought through x. All proprietary... — read more
Dear Fujifilm
Don't sign anything until Q2 2024 earning are reported. Carl's creeps still here and they will be out of saki by then so you will get a true value for any sale.
Stevie looks tired - Time to go?
X will do that to ya...
Xerox Fact of the Day for 11/1
Fact: Xerox was not the largest exhibitor at all for Printing United 2023. Can you guess who was? If you answered Fujifilm Business Innovation you win a useless anniversary Pin! Will they be at Drupa = Yes! Will x = No!
Stevie Boy sais Trick or Treat?
Both! Trick on you if I got you to stay at this dumpster fire as long as you have stayed. Treat is the mandatory vacation days (unused) that have to be paid. Well maybe that isn't that much of a treat. Just remember work harder everybody there... — read more
Xerox Mgmt. Logic DE-Neutralizer Tool - Free Trial Try it on your Xerox Mgr. Today!
Divvy Back Guarantee if not 100% able to make your product / portfolio / program manager at Xerox lose their sht: Question to manager #1: "So I hear Xerox canceled Xrupa after securing space for over two years is that true?" Most likely answer from... — read more
The Real Reason Why no Drupa for X
Obviously Carl and crew su-ked X dry and bailed, taking the $ with him, But here are the facts: HP is now the champ of the industry, but they are not asleep and are evolving the industry and showing HP Print OS with a full set of PowerPacks at... — read more
What?
https://observer.com/2023/02/the-carl-icahn-strategy-of-purging-employees-leads-a-xerox-executive-to-sue-over-his-ouster/
Xerox so bad even corporate raider bails
Carl Icahn was so frustrated that Xerox had no money to pillage that he just took whatever was remained in his investments and left. Let that sink in.
Gil Hatch / GHCCI /209
I work here and I always pray that Customers do not want a tour of the campus - Whether it's the abandoned building 105 that the Customer has to drive past to make the right turn (please don't look at the abandoned 129 139 147), then the abandoned... — read more
Uncle Please Come Back Part II
Dear Uncle I no expect to come back here to write you so fast X now down 1 billion market cap and now at $12 since you leave us so I write you Uncle like I promise. You so funny don't worry I no tell Sec that you know X stock going way way down and... — read more
Reaction from the C Suite Under 2B
SB: Think about it we spent 3.1B in Stock Buy Back but now we can be wholly acquired for 1.9B think about it think about it energy reinvention think about it think about it JB: you can't take away my 15k per month expense account haha SMW: I am... — read more
Kicking the can down the road...
Announces Reinvention, expected to deliver improvement in adjusted operating income of at least $300 million by 2026. Sound familiar??? It should. (Will we get coffee cups or Rainbow tee-shirts with "Reinvention" printed on them. And how much will... — read more
Stock cratering
If only X spent as much time trying to figure out how to grow the business as they do promoting DEI. Go woke, go broke.
Unmasking the shadows behind Xerox’s $550M share buyback
In the world of corporate finance, not all moves are as transparent as they seem. Recent developments surrounding Xerox’s massive $550 million share buyback raises more questions than answers, particularly when delving into the nuances of the... — read more
Carl Gave X 5 Finger Dth Punch
According to legend there was a Kung Fu master named Pai Mei who would strike in such a way where your heart would be expldd but you would not be ended immediately. Once you walked a few paces you would only kick the bucket then and only then. .. — read more
Wow crazy bonus structure for sales
Okay if you have a really great Q1 and a really great Q2 you get a bonus yay oh but watch out the finance mba’s had their thinking caps on. If you don’t have a great Q3 and Q4 guess what??? We’re gonna take that bonus we gave you and take it right... — read more
Uncle Please Come Back
Dear Uncle, We are down 9% since you left. We miss you Uncle. Uncle - Nephew Stevie is saying we have AI but all I have seen is a. ppt when I was in Miami. Is AI at X really mean Always Imagining Uncle??? He also say to me "I buy you out you... — read more
Xerox Renewal!!
https://www.industryanalysts.com/092923_xerox/
Should I join Xerox as a Sales/ Account Executive
Recently had an interview at Xerox for sales/ account executive role and I wanted to know if this is an industry worth going into or is it dying completely.
Icahn Gone - Good or Bad ?
Is this a management or larger business issue - something more serious that even Carl thinks "I am outta here-this is not a good investment" - Uncle Carl is about making MONEY. But, with him now gone, it that good or bad for Xerox? Clearly this has... — read more
Sharp Announcement same week as XRX meltdown
https://www.printweek.com/product%20news/article/sharp-pushes-into-production-print-in-usa
Uncle Carl is gone
Seems he finally needs the money to save his own company. https://www.news.xerox.com/news/xerox-announces-542-million-repurchase-of-shares-from-carl-c-icahn-and-affiliates
Xerox no show at Drupa 2024
The document company can’t even be bothered to attend a significant international print show - every other player is there, what an embarrassment.l to a once leading company. https://www.printweek.in/news/xerox-no-show-at-drupa-2024-57983?amp=1 — read more
More layoffs coming
Q3 is shaping up to be another beauty. Layoffs coming by end of the month.
I found a better job
It took me a while but I'm finally free. I can't tell you how much lighter I feel just knowing that come next week, I'll be gone from this place for good. And no, I have no intention of staying for two weeks. Xerox doesn't deserve the courtesy of a... — read more
Xerox and Lexmark - The rest of the story
I noticed the past form past week was taken down (a 2nd or 3rd time I believe). Anyone care to comment - how deep is the partnership between xerox and Lexmark ?? Lexmark is mfg the new A4 products - that’s pretty clear. Xerox is fulfilling... — read more